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Hoa Fees On Income Statement

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KYLECODY

Senior Member
Joined
Apr 26, 2003
Professional Status
Certified Residential Appraiser
State
Arizona
Where do you acct for hoa fees on operating income statement?? Was planning on putting the yearly hoa fee on the misc expense line as their condo hoa covers all heat,water,sewer and trash, which I checked paid by owner. Is this right?? Thanks.
 

rtubbs

Junior Member
Joined
Jan 15, 2002
I would include them in the monthly housing expense, along with the PITI.
 
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